(AP) Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10 percent of its global salaried workforce. Sadly Don John seems to not at all understand econo[...]
Archive for the ‘Economics’ Category
Insights into China
As China emerges as a dominant global economic power, I find few places where I can read objective material of the new superpower. Two that I value are The Economist and Quartz. QUARTZ: Dear readers, SUBSCRIBE TO QUARTZ China is battling the United States to become the largest economy in the world, [...]
May 3rd, 2019 - 7:47 am § in Economics
Investors are selling stocks, but the market keeps rising
Typically, stocks rise because investors are buying them, increasing prices. But that’s not what’s happening in 2019. What’s new: U.S. equity prices are soaring to record highs, with the S&P 500 up 17% and the Nasdaq up 21% in just 4 months. But not only are investors not buy[...]